Vertafore, a provider of software and services to the insurance industry, today announced that TransactNOW and PL Rating facilitated more than 3.4 million agency-carrier transactions in the first quarter of 2009. The strong first quarter results show that agency-carrier connectivity has reached a critical mass, with more carriers enabling real-time transactions through Vertafore's systems and more agencies taking advantage of this connectivity, the provider says.
"Our strong first quarter transaction numbers provide clear evidence that real-time connectivity is now the mainstream way for agencies and carriers to interact," says Susanna Morgan, SVP, product strategy and marketing with Vertafore. "For agencies and carriers looking to maximize their time, save money and increase sales, Vertafore's solutions can provide a significant competitive advantage."
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